The joint venture provides Rivian with cash, and VW with the ability to use Rivian's technology in its own range of vehicles.

The demonstrations have also interrupted commercial activity in Maputo, and raised concerns about further delays to a $20 billion natural gas export project.

The technology works by dragging air across each sail's surface, and then through small perforations to generate lift and propulsion.

MacKinnon said that the ongoing stoppages at the Port of Montreal and in British Columbia have significantly impacted the country's supply chains.

The Panama Canal Authority recently moved to a long-term booking system for shipping slots, which has made it easier to forecast transit demand months in advance.

The West has stepped up efforts to crack down on tankers transporting Russian oil.

Southern African ports have drawn investment interest due to the export of natural resources including critical minerals.

The Montreal offer would have boosted average dockworker compensation to more than C$200,000 per year.

The labor dispute comes as western Canadian ports locked out dock workers November 4, disrupting an estimated C$800 million in activity per day.

The former president has promised additional 60%  tariffs — or higher — on goods coming from China.